BankUnited, Inc. operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts, as well as certificates of deposit; and treasury management services. Its loans portfolio includes small business loans, commercial real estate loans, equipment loans and leases, term loans, formula-based loans, municipal and non-profit loans and leases, commercial and residential mortgage warehouse lines of credit, letters of credit, and consumer loans, as well as purchases performing residential loans. The company also offers integrated on-line, mobile, and telephone banking services. As of December 31, 2017, it operated through a network of 87 branches located in 15 Florida counties; and 6 banking centers in the New York metropolitan area, as well as 89 automated teller machines. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was founded in 2009 and is headquartered in Miami Lakes, Florida.
Industry, Sector and Symbol
Industry Federal savings institutions
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:BKU
CUSIP06652K10
Phone305-569-2000
Debt
Debt-to-Equity Ratio1.45
Current Ratio0.95
Quick Ratio0.95
Price-To-Earnings
Trailing P/E Ratio16.52
Forward P/E Ratio13.26
P/E Growth1.52
Sales & Book Value
Annual Sales$1.36 billion
Price / Sales3.41
Cash Flow$2.5915 per share
Price / Cash16.89
Book Value$28.32 per share
Price / Book1.55
Profitability
EPS (Most Recent Fiscal Year)$2.65
Net Income$614.27 million
Net Margins45.31%
Return on Equity11.16%
Return on Assets1.05%
Miscellaneous
Employees1,763
Outstanding Shares106,070,000
BankUnited (NYSE:BKU) Frequently Asked Questions
What is BankUnited's stock symbol?
BankUnited trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKU."
How often does BankUnited pay dividends? What is the dividend yield for BankUnited?
BankUnited announced a quarterly dividend on Monday, March 26th. Stockholders of record on Thursday, April 12th will be paid a dividend of $0.21 per share on Monday, April 30th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend is Wednesday, April 11th. View BankUnited's Dividend History.
How will BankUnited's stock buyback program work?
BankUnited declared that its Board of Directors has authorized a share repurchase plan on Wednesday, January 24th 2018, which allows the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its stock is undervalued.
How were BankUnited's earnings last quarter?
BankUnited (NYSE:BKU) announced its quarterly earnings data on Wednesday, April, 25th. The financial services provider reported $0.77 EPS for the quarter, topping the consensus estimate of $0.72 by $0.05. The financial services provider earned $275.80 million during the quarter, compared to analysts' expectations of $271.96 million. BankUnited had a return on equity of 11.16% and a net margin of 45.31%. During the same quarter last year, the company posted $0.57 EPS. View BankUnited's Earnings History.
When is BankUnited's next earnings date?
What price target have analysts set for BKU?
13 analysts have issued 12-month price objectives for BankUnited's stock. Their forecasts range from $35.00 to $50.00. On average, they anticipate BankUnited's stock price to reach $42.8182 in the next twelve months. View Analyst Ratings for BankUnited.
Who are some of BankUnited's key competitors?
Some companies that are related to BankUnited include E*TRADE Financial (ETFC), People's United Financial (PBCT), Umpqua (UMPQ), TFS Financial (TFSL), BofI (BOFI), Flagstar Bancorp (FBC), LegacyTexas Financial Group (LTXB), Provident Financial Services (PFS), Capitol Federal Financial (CFFN), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Kearny Financial (KRNY), Meta Financial Group (CASH), BBX Capital Corp Class B (BBXTB) and Northfield Bancorp (NFBK).
Who are BankUnited's key executives?
BankUnited's management team includes the folowing people:
- Mr. Rajinder P. Singh, Pres, CEO & Director (Age 47)
- Ms. Leslie N. Lunak, Chief Financial Officer (Age 60)
- Mr. Thomas M. Cornish, Chief Operating Officer (Age 59)
- Mr. Jeffrey Starr, Gen. Counsel of BankUnited, National Association (Age 57)
- Mr. Rishi Bansal, Chief Investment Officer of BankUnited, National Association (Age 44)
Has BankUnited been receiving favorable news coverage?
News stories about BKU stock have trended somewhat negative recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BankUnited earned a news sentiment score of 0.00 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 45.49 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are BankUnited's major shareholders?
BankUnited's stock is owned by many different of retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (6.67%), BlackRock Inc. (4.44%), JPMorgan Chase & Co. (3.18%), Millennium Management LLC (2.65%), LSV Asset Management (1.70%) and Victory Capital Management Inc. (1.58%). Company insiders that own BankUnited stock include Douglas J Pauls, Eugene F Demark, Jeffrey Starr, John Adam Kanas, Joseph Roberto, Mark Bagnoli and Rajinder P Singh. View Institutional Ownership Trends for BankUnited.
Which major investors are selling BankUnited stock?
BKU stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Neuberger Berman Group LLC, Diamond Hill Capital Management Inc., UBS Group AG, American Century Companies Inc., Dimensional Fund Advisors LP, Boston Partners and Maltese Capital Management LLC. Company insiders that have sold BankUnited company stock in the last year include Douglas J Pauls, Eugene F Demark, Jeffrey Starr, John Adam Kanas, Mark Bagnoli and Rajinder P Singh. View Insider Buying and Selling for BankUnited.
Which major investors are buying BankUnited stock?
BKU stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, Prudential Financial Inc., CI Investments Inc., PNC Financial Services Group Inc., Millennium Management LLC, Citigroup Inc., Russell Investments Group Ltd. and BlackRock Inc.. View Insider Buying and Selling for BankUnited.
How do I buy shares of BankUnited?
Shares of BKU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is BankUnited's stock price today?
One share of BKU stock can currently be purchased for approximately $43.77.
How big of a company is BankUnited?
BankUnited has a market capitalization of $4.69 billion and generates $1.36 billion in revenue each year. The financial services provider earns $614.27 million in net income (profit) each year or $2.65 on an earnings per share basis. BankUnited employs 1,763 workers across the globe.
How can I contact BankUnited?
BankUnited's mailing address is 14817 OAK LANE, MIAMI LAKES FL, 33016. The financial services provider can be reached via phone at 305-569-2000 or via email at [email protected]
MarketBeat Community Rating for BankUnited (BKU)
MarketBeat's community ratings are surveys of what our community members think about BankUnited and other stocks. Vote "Outperform" if you believe BKU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BKU will underperform the S&P 500 over the long term. You may vote once every thirty days.
